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CREE

CREETuesday, 8 December 2020 00:39 AM (WIB) Who We Are Cree | Wolfspeed is a powerhouse semiconductor company focused on silicon carbide and GaN technologies. After more than 30 years of forging new technology adoption and transformation, our Wolfspeed® power and radio frequency (RF) semiconductors and lighting-class LEDs are leading the industry through unrivaled expertise and capacity . Our Mission We’re leading the transformation from silicon to silicon carbide and GaN as we shape the future of semiconductor markets: the transition to electric vehicles, the move to faster 5G networks, the evolution of renewable energy and energy storage, the advancement of industrial applications and the expansion of specialty LED applications. What’s next? We believe anything is possible through hard work, collaboration, and a passion for innovation. Cree Values Our values are a simple, yet powerful, reflection of who we are and how we act; they are in all that we say, do, and achieve for Cree. They reflect both our great history of disruptive innovation and set the tone for the exciting future ahead. We do amazing things in a human way. Cree employees from around the world across every business function shared their thoughts about our values through focus groups, emails, and conversations. As a result, we’ve established principles that represent what we want the experience to be for our employees as well as the customers, partners, and communities we serve. Sustainability Reporting We release an annual report to disclose our initiatives, goals, and performance in the areas of Social Responsibility, Environment, Economic and Corporate Governance. Learn how we’re enhancing economic value for ourselves and our customers, supporting our people and communities, and protecting our environment. www.cree.com Best regards, RyodaBrainless "Live to Ride and Ride to Live"
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by RyodaBrainless
$CREE Lower Prices Ahead$CREE is under pressure technically and broke under a key uptrend line. Just looking at the chart and you can see that $CREE has been making lower highs and lows. We believe $CREE is going under $40 and will test new 52 week lows. This all comes after $CREE delivered disappointing Q1 earnings and forecast a loss in Q2. Here are the highlights: Cree (NASDAQ:CREE) beat Q1 estimates despite a 12% Y/Y revenue decline. The downside Q2 guidance sees revenue of $234-240M (consensus: $244.17M) and a loss per share of $0.07 to $0.11 (consensus: $0). Q1 Wolfspeed revenue totaled $127.7M versus the $128.6M consensus. LED revenue was $115.1M compared to $114.2M. As always, use protective stops and trade with caution. Good luck to all!
CShort
by InsiderFinancial
CREE - Keep your eyes on this sleeping monsterDear Traders, Bears were in control for a while but not anymore. Bulls managed to push this baby quite a bit and now it's time to see how powerful those bulls are. Is this stock going to pierce through the 200 ema ? RSI is overbought but this is normal which such a run, daily RSI looks sweet. Let's keep an eye on this one. If the bulls manage to break the 200 ema, we will see a run. Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
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by Raw_Blitz
CREE EARNINGS -- A NONSTANDARD "EXPECTED MOVE" SETUPCREE announces earnings on 1/19 after market close, so look to put on any premium selling play before the session ends to take advantage of a post-earnings announcement volatility contraction. Ordinarily, when a play won't yield at least a 1.00 credit for a 1 standard deviation short strangle or iron condor setup, I just pass it over. It is, after all, earnings season, and there's going to be plenty to play. Nevertheless, I looked at various setups with CREE as possible alternatives to my standard setups one of which involves narrowing the width of a short strangle to the range of the expected move for the expiration. Naturally, this decreases the probability of profit percentage (while increasing the potential max profit), but this is what I came up with as a potential play: Jan 29th 22/26 short strangle Probability of Profit %: 61% Max Profit: $105/contract Buying Power Effect: ~$297 Break Evens: 20.95/27.05 When I do these somewhat "goofy" setups that are tighter than usual, I ordinarily look at the chart to see if those ranges (the strike prices and the break evens) make any objective sense in light of recent historical price action. On the chart shown here, I've marked the strike prices in red and the break evens in green. You can kind of see that the ranges do, in fact, make a little sense, at least with the price action that has existed since July or so. If anything, though, these ranges suggest that I could possibly skew the setup a touch to the bullish side by a strike or two, something I'll play on market open ... .
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by NaughtyPines
NEXT WEEK'S EARNINGS PLAYS -- NFLX, IBM, GS, SBUX, AND OTHERSNext week is literally hopping with potential earnings announcement plays. I've tried to pick out the ones that (1) have > 70% implied volatility rank; (2) offer greater than a 1.00 credit ($100) for the "classic" one standard deviation short strangle setup; (3) have fairly good liquidity with options prices; and (4) offer weeklies, but there are also a few >.50/<1.00 credit plays that I might nevertheless play (e.g., CREE, SBUX), although I think I can afford to be picky here given the selection ... . PLAYS TO PUT ON TUESDAY CREE -- Tuesday, after market close. High implied vol rank/high implied vol, but <1.00 credit for a 1 standard deviation short strangle. IBM -- Tuesday, after market close. NFLX -- Tuesday, after market close. GS -- Wednesday, before market open. PLAYS TO PUT ON WEDNESDAY SBUX -- Wednesday, after market close. High implied vol/but implied vol <50% and <1.00 credit. PLAYS TO PUT ON THURSDAY SLB -- Thursday, after market close. I don't think I've every played this underlying. It's a tech company that provides support to oil and gas, and I've got plenty of petro plays on. Notes: There are also a couple of earnings plays that might be interesting to play via other methods. One of these that comes to mind is KMI. It's got a high implied volatility rank, high implied volatility, and liquidity. The problem is that the price of the underlying is currently $13.00, so you just can't get enough premium out of it via short strangle or iron condor to bother with it using one of those strategies ... .
NASDAQ:NFLX
by NaughtyPines